Good morning South County! Here are your weekly updates on what is happening in your neighborhoods. Feel free to contact me if you want more specific information. As of this week:
Morgan Hill has 148 active listings and 109 sale pendings
Gilroy has 136 active listings and 199 sale pendings
San Martin has 31 active listings and 15 sales pendings
Area 1 (all of the above) has 313 active listings and 323 sale pendings
Looks like inventory came down a little last week and pendings sales kept the status quo. Could be the rise in interest rates is contributing to the slow down. However, Gilroy is showing a little more activity all around than the the rest of Area 1. I'll keep you posted.
Stay tuned for regular updates.